Worldwide Project and Portfolio Management Software Market Declined 1.5 Percent in 2009

Sales of PPM software totaled $1.16 billion last year.

Gartner: Sales of project and portfolio management (PPM) software fell slightly last year, dropping 1.5 percent to $1.16 billion. "After a five-year period of strong, mostly double-digit growth, the financial turmoil in late 2008 and subsequent spending uncertainties in early 2009 left a negative mark on the usually robust PPM market in 2009," said Laurie Wurster, research director at Gartner. "Falling growth rates provided flexible vendors and new entrants the opportunity to be creative with business subscription and delivery models, such as software as a service (SaaS), and drive revenue up by meeting client requirements."

With its acquisition of Primavera, Oracle skyrocketed from its fourth place position in 2008 to become the number one PPM vendor in 2009 with 22.6 percent of the market. Microsoft (15.3 percent share), CA (9.5 percent share), HP (5.3 percent share), and Planview (5.3 percent share) make up the rest of the top five.

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